Tag: World Bank

World Bank punishes Nigerian firms, individuals for corruption
Economy

Sluggish growth affecting Nigeria, other African countries – W’Bank

The World Bank has stressed the need to boost labour output in Africa, stating that sluggish productivity growth is making the continent lag behind many developing nations. This was contained in a press release on the World Bank’s website, announcing the publication of a report titled, ‘Boosting Productivity in Sub-Saharan Africa’. The statement read in […]

Energy

Negotiations with labour on fuel subsidy removal still ongoing – FG

The Federal Government is still in negotiations with the organised labour as regards the removal of subsidy on Premium Motor Spirit, popularly called petrol, it was gathered on Sunday. Officials of the Nigerian National Petroleum Company Limited and the Nigerian Midstream and Downstream Petroleum Regulatory Authority stated that the removal of subsidy on petrol had […]

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